Posted on 09/25/2008 4:40:18 PM PDT by Zakeet
After days of intense bipartisan negotiations and meetings today at the White House, the deal to bail out staggered investment banks may be dying amid partisan finger-pointing.
Republicans blame Democrats. Democrats blame Republicans, and a key Democrat even pointed a finger at Republican presidential nominee Sen. John McCain.
House Financial Services Chairman Barney Frank, D-Mass., told Democratic colleagues that McCain's sudden heightened involvement in the negotiations has destroyed chance of an agreement, sources told ABC's George Stephanopoulos.
Frank compared McCain's involvement to "Richard Nixon blowing up the Vietnam peace talks in 1968."
(Excerpt) Read more at abcnews.go.com ...
Have to agree wholeheartedly! Let them all fail and let’s see what comes out of this mess...
Didn’t I see a thread that he was getting all emotional with some football team?
Thanks sooooo much :)
That’s a stunner..an absolute stunner.
"Blowing up the peace talks" means Nixon supposedly warned Thieu of his view of the situation vs Johnson's, supposedly in violation of the Logan Act. You know, kinda like Obama in Iraq?
One minor difference: McCain has the same responsibility as Bawney Fwank to negotiate legislation. But when did truth ever get in the way of a 'Rat smear campaign?
(BTW, Witness the consequence of the "peace" that was subsequently negotiated in 1973.)
It is indeed. So far no mention by the Friends...but it’s early. ;)
I sent them an email with some info on ACORN- and the quote from Graham and said -get some producers on this NOW!! LOL!
Good work...I’ll do the same. Good thing we’re on the case! ;)
I can’t bear to watch Dems. (And O’s purple lips give me the creeps.) But I get this apologetic spin from many talking heads that “Oh, it’s just Barney, or Tom, or Dick or Harry.” For God’s sake, these liberals ARE buffoons!
My perception is that things aren’t so stable as to simply allow a US depression to come along, allowing arguably a well deserved period of toil for America as a just return for past criminal negligence and outright pocketlining by many in positions of financial power.
I perceive that the socialist globalist policies the US captains of industry have supported for the past 15 years has born fruit with much of our industrial and manufacturing capacity being shipped overseas.
Our financial institutions have also been shored up by overseas investment. Those investors have been bitten more than once in the past by what I perceive are American elitist policies and aided by perhaps their own involvement.
Should our institutions fail, it won’t only be Americans who suffer. More importantly, when such a depression xomes along, the bootstrap methods to build back up lean heavily upon ownership and possession.
Unlike the 30s, a Depression today will leave most of the industry and manufacturing capacity in overseas possession.
Additionally, Americans have grown accustomed to our bankruptcy system, thinking that there really isn’t much consequence to financial failure other than a reduced ‘quality of life’. That is not he perspective of most of the international community.
If foreign investors lose substantial capital due to American financial failure, they are likely to be not as forgiving of unpaid debt as Americans have grown accustomed to relax.
Their redemption of that debt might follow more historical cases of retrieving like value by force.
Considering our buildup of military forces in the past decade has done more to build those bases overseas, and refocus our military operational capacity to MOUT operations than upon Division and larger total force campaigns, we hardly have the same military defensive capacity as we had in the last 60 years.
The Russians well perceive this period of weakness displayed in their ventures into Georgia, Syria, Venezuela, and repeated overt probings of our generally accepted perimeters.
Internally, there are many illegal aliens, legal aliens, and recently naturalized citizens who are friendly to the US when their opportunities are available, but fail to exhibit an intuitive belief in God given rights. Such folks are very amiable when things go their way, but also are susceptible to quite criminal reaction when they perceive unjust circumstances arise where they have no opportunity left for provision of food, family and shelter.
I do not suggest unjust policy or behavior, but I do recognize, there are many enemies of the US. Their response to our failure is not necessarily a friendly response, but might be much more antiAmerican and aggressive than this generation perceives.
This particular time in our election cycle is known internationally as a window of vulnerability. Keep a close eye on international events, because those adversaries of the US who are acting now are manifesting their truest convictions.
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